By Irene Pence
This is the chilling precise tale of Betty Lou Beets, the "Texas Black Widow" -- a lady who shot and killed of her husbands, and tried to homicide others. After a sensational trial, she was once sentenced to die by means of deadly injection, and fifteen years later, on February 24, 2000, she was once carried out.
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A number of investment experts felt that if Madoff was really operating in the way he claimed, and buying the numbers of shares and options required to sustain his business, then there would be evidence of his activities in the market, but there simply wasn’t. In 2001 Erin E. Arvelund published an article in Barrons magazine called ‘Don’t Ask, Don’t Tell’ questioning Madoff’s remarkably consistent investment performance. Madoff had a nasty moment in October 1987, when on ‘Black Monday’ the market fell by nearly a quarter, twice as much as the worst day of the 1929 Wall Street crash.
After an appeal to the Supreme Court and three separate criminal trials he was convicted, but released on bail pending an appeal. Ponzi fled to Florida, where he set up a new fraudulent scheme, the Charpon Land Syndicate, offering investors small parcels of swamp land guaranteeing them a return of 200 per cent in 60 days. He was arrested, convicted and sentenced to a year in a Florida prison. However, Ponzi fled bail, grew a moustache and shaved his head and got a job on a ship bound for Italy.
Of course there must be the strictest integrity and uprightness in these transactions; there must be the purest faith between man and man . . therefore I can only give you a preference to a certain extent. Tigg Montague also uses a similar approach. He employs a doctor, Dr Jobling, to examine people wishing to take out a policy with his company. Dr Jobling’s main role seems to have been to impress potential customers with the difficulty of getting into the Anglo-Bengalee and he makes a great show of ‘feeling their pulses, looking at their tongues, listening at their ribs, poking them in the chest and so forth’.